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Internal Revenue Service Restructuring and Reform Act of 1998

The financial definition for Internal Revenue Service Restructuring and Reform Act of 1998:

The legislation targeted at IRS reform, particularly related to the time period required for capital gains and taxpayer protection and rights.




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Restructuring

Restructuring
The reorganization of a company in order to attain greater efficiency and to adapt to new markets. Major corporate restructuring transactions include mergers, acquisitions, tender offers, leveraged buyouts, divestitures, spin-offs, equity carve-outs, liquidations and reorganizations.




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